Australian Business Economic Impact Survey EDA SA SPN Meeting 29 th - - PowerPoint PPT Presentation
Australian Business Economic Impact Survey EDA SA SPN Meeting 29 th - - PowerPoint PPT Presentation
Australian Business Economic Impact Survey EDA SA SPN Meeting 29 th April 2020 Neil McNish, Principal Consultant Background o Clients keen to understand local impacts of COVID-19 o REMPLAN impact modelling uses changes in either staffing or
Background
Australian Business Economic Impact Survey
- Clients keen to understand local
impacts of COVID-19
- REMPLAN impact modelling uses
changes in either staffing or output (gross revenue) to estimate flow-on economic effects
- No sources of data for revenue or
staffing impacts by industry sector being gathered
- Victorian client engaged us to
undertake survey of local businesses
- Decision by REMPLAN to expand
across the country
- REMPLAN managed and distributed
through client base particularly local and state governments
Week 4 Results (27th April 2020)
Number of responses by industry (19 sectors)
Australian Business Economic Impact Survey
Week 4 Results (27th April 2020)
Percentage of responses by industry
Australian Business Economic Impact Survey
Week 4 Results (27th April 2020)
Response count by State/Territory
Australian Business Economic Impact Survey
Week 4 Results (27th April 2020)
Revenue impacts by industry
Australian Business Economic Impact Survey
Week 4 Results (27th April 2020)
Revenue impacts by State/Territory
Australian Business Economic Impact Survey
Average revenue impact is -37.2%
Week 4 Results (27th April 2020)
Staffing impacts
Australian Business Economic Impact Survey
Average staffing impact is -24.6%
Week 4 Results (27th April 2020)
Business confidence
Australian Business Economic Impact Survey
Week 4 Results (27th April 2020)
Business confidence variation
Australian Business Economic Impact Survey
Week 4 Results (27th April 2020)
Immediate priorities
Australian Business Economic Impact Survey
Week 4 Results (27th April 2020)
Operational benefits
Australian Business Economic Impact Survey
Week 4 Results (27th April 2020)
SA revenue impacts (note: low number of responses)
Australian Business Economic Impact Survey
Week 4 Results (27th April 2020)
National GDP estimated to fall by 6.9%
Australian Business Economic Impact Survey